Humber Zero, a project to decarbonise critical energy intensive industry and safeguard local jobs in the wider Humber region, has today secured £25 million, £12.5 million of which is government funding.
Backed by Vitol’s VPI Immingham power plant and the Phillips 66 Humber Refinery, Humber Zero is a carbon capture and storage (CCS) project on the south bank of the Humber Estuary. The large-scale decarbonisation project will remove up to 8-million tonnes per annum of CO2 at the Immingham industrial site within the next 7 years. This represents a meaningful reduction in national CO2 emissions, while protecting local jobs and supporting the region’s economy.
Of the £25 million initially being invested into the project, VPI and Phillips 66 are investing £12.5 million and Innovate UK, the UK Government’s innovation agency, is matching that figure. The initial £25 million will be used to develop the technology to capture and safely store carbon created by the Immingham industrial cluster. Click here to read full article on Humber Zero
